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Breakeven Stop
Moving your stop-loss to your entry price once a trade has moved favorably — converting risk to a free shot.
What it is
Going 'breakeven' means relocating the stop to (or a tick past) your entry after price travels a defined distance in your favor — commonly 0.7–1R. From that point the worst outcome is roughly zero instead of a full loss.
Why it matters
Done right, BE management removes the round-trip losers that bleed accounts. Done too early, it kicks you out of winners on normal pullbacks — the trigger distance matters and should be tested, not vibed.
NQ example REAL SCENARIO
Long at 15,250 with a 35-point stop; at +25 points (0.7R) the stop moves to 15,250.5. The trade later reverses hard — scratch instead of −$700 per contract.